Goldman Sachs Initiates GDS Holdings(GDS.US) With Buy Rating, Announces Target Price $24.2

Moomoo News16:31 ET · Ratings

GDS Holdings Price Target Raised to $24.20 From $24 at Goldman Sachs

TipRanks16:15 ET

bocom intl: Maintain gds holdings-SW (09698) "buy" rating with a target price raised to 22.88 HKD.

The company maintains its annual performance guidance unchanged, expecting annual revenue to be between 11.34 billion and 11.76 billion yuan, with adjusted EBITDA between 4.95 billion and 5.15 billion yuan.

Zhitong FinanceNov 24 21:31 ET

[Brokerage Focus] Bocom Intl raises gds holdings (09698) target price by 13.4% as its third-quarter performance meets expectations.

Golden Age Financial News | Bocom Intl's research report points out that GDS Holdings (09698) achieved revenue of approximately 2.966 billion yuan in the third quarter, a year-on-year increase of 17.7%. Adjusted EBITDA was 1.295 billion yuan, a 15.0% increase year-on-year. The company maintains its full-year performance guidance unchanged, with estimated full-year revenue between 11.34 billion and 11.76 billion yuan, and adjusted EBITDA between 4.95 billion and 5.15 billion yuan. The company has adjusted its full-year CAPEX guidance for 2024, increasing from the previous 6.5 billion yuan to 11 billion yuan (China/International business 30/70).

Jinwu Financial NewsNov 24 21:25 ET

GDS Holdings (NASDAQ:GDS) Use Of Debt Could Be Considered Risky

Simply Wall StNov 23 09:43 ET

Institutional Investors in GDS Holdings Limited (NASDAQ:GDS) Lost 17% Last Week but Have Reaped the Benefits of Longer-term Growth

Yahoo FinanceNov 23 07:17 ET